Cable One Inc (CABO)
Cash conversion cycle
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Days of inventory on hand (DOH) | days | — | 44.24 | — | 17.23 | 11.55 |
| Days of sales outstanding (DSO) | days | — | — | — | — | — |
| Number of days of payables | days | — | — | — | — | — |
| Cash conversion cycle | days | 0.00 | 44.24 | 0.00 | 17.23 | 11.55 |
December 31, 2024 calculation
Cash conversion cycle = DOH + DSO – Number of days of payables
= — + — – —
= 0.00
The cash conversion cycle of Cable One Inc has shown varying trends over the years.
In December 31, 2020, the company's cash conversion cycle was 11.55 days, indicating a relatively efficient management of its cash flow from operations, inventory, and accounts receivable.
However, by December 31, 2021, the cash conversion cycle increased to 17.23 days, suggesting a slight slowdown in the company's ability to convert its investments in inventory and receivables into cash.
The cash conversion cycle dropped significantly to 0.00 days by December 31, 2022, which could be an anomaly or could potentially indicate a period where the company operated with minimal working capital requirements.
Subsequently, the cash conversion cycle sharply increased to 44.24 days by December 31, 2023, which may indicate challenges in managing cash flow efficiently or potential issues with inventory turnover and collections from customers.
By December 31, 2024, the cash conversion cycle again dropped to 0.00 days, which might be another anomaly or could signal a strategic shift in the company's operating cycle.
Overall, the fluctuating trends in Cable One Inc's cash conversion cycle suggest varying efficiencies in managing cash flow, working capital, and operational cycles over the years. Further analysis of the underlying reasons behind these fluctuations would provide a deeper insight into the company's financial performance.
Peer comparison
Dec 31, 2024